“Bitcoins aren’t going to crash and burn, and could be be a good investment at $50. So says famed banking analyst Richard Bove, vice president of equity research at Rafferty Capital Markets. What’s more, Bove wouldn’t mind buying bitcoins at the right price. ‘If I could buy them at a low enough price, like $50, then I think it would be worthwhile speculating with a few of them,’ he said in a phone interview. Bove decided to write about bitcoins after a top New York bank regulator issued subpoenas to several major bitcoin companies and issued a memo on virtual currencies.”
http://blogs.marketwatch.com/thetell/2013/08/14/bitcoins-are-a-buy-at-50-richard-bove-says/
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